Procurement Policy
'Coexistence and E, Q, C, D
(Environment, Quality, Cost, Delivery)'
1. Fair Trade
We comply with laws and regulations and conduct fair and transparent business transactions.
2. Building Partnerships with Suppliers
We select suppliers capable of supplying products at appropriate quality,
price and delivery times, and build partnerships with them.
3. Promotion of CSR Procurement
We procure from suppliers who respect social responsibility.
(respect for human rights, reduction of environmental impact, etc.)
Promoting CSR-Based Procurement
In recent years, interest in corporate social responsibility (CSR) has been growing worldwide. As a result, non-financial initiatives such as human rights protection, compliance with laws and regulations, environmental conservation, and contributions to local communities are becoming increasingly important from the perspective of corporate management.
Therefore, Shimadzu Corporation established the Shimadzu Corporation CSR Procurement Guidelines in January 2022 and asked all suppliers in supply chains to cooperate with CSR measures. However, recently the Shimadzu Group CSR Procurement Guidelines were established now that CSR measures will be implemented for the entire Shimadzu Group, rather than only Shimadzu Corporation.
The guidelines define the items that both Shimadzu and Shimadzu suppliers should address together to fulfill our social responsibilities in the five areas that will become increasingly important as social concerns continue to grow and regulatory standards become stricter. Those five areas are Human Rights and Labor, Health and Safety, the Environment, Business Ethics, and BCPs (Business Continuity Plans). Accordingly, we will continue to promote CSR activities using these guidelines.
Basic Policy Regarding Human Rights
Based on the Corporate Code of Ethics, we will not carry out business activities that could result in infringement of human rights when considering procurements.
Until now, there have been no confirmed cases involving problems with child labor, forced labor, etc. We immediately request to rectify it if we have found the problem in our suppliers activities.
Measures for Conflict Minerals
To prevent a source of funding for armed groups responsible for inhumane actions, the United States enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act on July 2010. Its Section 1502 mandates that all companies listed in the United States report whether or not their products contain any conflict minerals sourced from the Democratic Republic of the Congo (DRC) or its nine adjoining countries to the U.S. Securities and Exchange Commission (SEC), where “conflict minerals” are defined as tantalum, tin, and tungsten, or gold, regardless of their origin. The act also specifies that the SEC prepares rules for specific procedures used for reporting that information and other requirements, which were officially adopted on August 22, 2012. In Europe as well, an EU Conflict Minerals Regulation that went into full effect in January 2021 (enacted July 2017) requires supply chain due diligence and annual report submission. Though the Shimadzu Group is not directly subject to either the European or U.S. regulations, it nevertheless agrees with the intentions of the regulations and has, therefore, established internal systems for controlling conflict minerals and a “Shimadzu Group Policy regarding Conflict Minerals” for ensuring that, from a social responsibility perspective, the Shimadzu Group does not use any conflict minerals that involve inhumane activities as raw materials in Shimadzu products.
Compliance with the Modern Slavery Act 2015
As a corporation that has business dealings in the UK, the Shimadzu Group promotes compliance with the Modern Slavery Act 2015 and encourages all members of its supply chain to comply with it as well.
For detailed information, see Public Statement Regarding the Modern Slavery Act.
STATEMENT ON UK MODERN SLAVERY ACT 2015 (PDF : 97.03 KB)
Green Procurement
In an effort to embody our core corporation principles of “Realizing our Wishes for the Well-being of both Mankind and the Earth”, we have made integrating our business activities with global environmental preservation one of our highest operational priorities.